"The New School is grappling with a projected $48 million budget deficit and plans to cut up to 15 percent of its workforce by June through a mix of buyouts and layoffs."
"Portland State University may cut employees in 19 departments as part of a retrenchment process to address a projected budget deficit of $45 million."
Universities are facing budget deficits and low enrollment, prompting job and program cuts. The New School plans to reduce its workforce by up to 15 percent due to a $48 million deficit. Portland State University is also considering cuts to address a $45 million deficit, potentially affecting 19 departments and leading to layoffs. These actions are influenced by state laws requiring cuts to programs with low enrollment, further complicating the financial landscape for higher education institutions.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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